India Grid Trust Dividends and Buybacks
Dividend criteria checks 2/6
India Grid Trust is a dividend paying company with a current yield of 10.28%. Next payment date is on 9th November, 2024 with an ex-dividend date of 30th October, 2024.
Key information
10.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 10.3% |
| Dividend Growth | -4.4% |
| Next dividend pay date | 09 Nov 24 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | ₹15.000 |
| Payout ratio | 301% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 540565 has been paying a dividend for less than 10 years.
Growing Dividend: 540565's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| India Grid Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540565) | 10.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Electric Utilities) | 2.4% |
| Analyst forecast (540565) (up to 3 years) | 10.3% |
Notable Dividend: 540565's dividend (10.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 540565's dividend (10.28%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (301.4%), 540565's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 540565's cash payout ratio to determine if its dividend payments are covered by cash flows.